This system is structured to encourage all villager participants to engage in some form of savings before they get any form of a loan. The initial savings are organized through a cooperative system (monitored and supported by CHOICE RDFs) that include most, if not all, villagers in a given rural community. This system ensures a more inclusive process of villager participation, a transparent and accountable system, and thus is seen as legitimate and equitable in its operations.

After villagers have participated in savings programs, those in need of capital to pursue entrepreneurial projects can access microloans either through the Economic Development Committee or through our partnering microfinance organization, Mentors International.

For more information, you can read about the successes of microfinance for Genaro Choc in Guatemala and Kirtika Poudel in Nepal.

CHOICE Humanitarian is a 501(c)(3) nonprofit recognized by the IRS, and all donations to CHOICE Humanitarian are tax-deductible in accordance with IRS regulations.
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